12 Peeler Drive, Asheville, NC 28803

$555,000
4
BD
3
BA
1,661
SqFt

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List Price
$555,000
Price Change
▼ $25,000 1787688826
Status
ACTIVE
MLS#
4411996
Bedrooms
4
Bathrooms
3
Full Baths
2
Half Baths
1
Living Area
1,661
Parcel Size
0.17
Year Built
2001
Days on Market
51

Property Description

Location, flexibility, and income potential come together in this versatile Asheville property. Just 4 miles from downtown Asheville, this two-living-space property offers an exciting opportunity for buyers seeking rental income, a guest suite, multigenerational living, or a flexible space to work from home. The main residence offers 1,661 square feet with four bedrooms and 1.5 baths, an updated kitchen, and new flooring in the kitchen and dining areas. Outside, enjoy a low-maintenance composite front deck and rear deck and patio overlooking a lush, private setting. A partially fenced side yard with fruit trees and established landscaping adds to the property's appeal, while a rear storage shed provides convenient additional space. The recently remodeled 808-square-foot lower-level studio apartment is where the income potential really shines. With two exterior entrances, the apartment offers privacy, flexibility, and easy access for tenants, guests, or extended family, making it especially appealing for those looking to generate rental income or create a separate living space. Updates include new flooring, drywall, paint, refrigerator, mini-split, and lighting, along with a full bath and kitchenette, creating a move-in-ready opportunity for generating additional income. Additional home improvements include a 2023 roof replacement, 2025 water heater, French drain, gutter guards, and recently painted exterior. With a desirable Asheville location and two separate living spaces, this property offers options and the potential to offset ownership costs through rental income.

Additional Information

County
Buncombe
Subdivision
Twin Springs
Restrictions
Deed
Acreage Features
Orchard(s)
Appliances
Dishwasher, Disposal, Dryer, Dual Flush Toilets, Electric Oven, Electric Range, Electric Water Heater, Exhaust Fan, Exhaust Hood, Refrigerator, Washer/Dryer
Exterior Finish
Hard Stucco, Vinyl
Basement Description
Yes
Sewer/Septic
Public Sewer
Exterior Features
Fire Pit
Heating
Ductless, Heat Pump
Cooling
Central Air, Ductless, Heat Pump
Roof
Architectural Shingle

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Calculator source: Real Geeks

Listing courtesy of Howard Hanna Beverly-Hanks Fletcher. lauren.reinhardt@allentate.com

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